abrdn Strategic Bond Fund Institutional K Income

To generate income and some growth over the long term (5 years or more) by investing in government and corporate bonds issued anywhere in the world. Performance Target: To exceed the IA Sterling Strategic Bond Sector Average return over 1 year (after charges) and be top quartile over rolling three year periods.There is no certainty or promise that the Performance Target will be achieved. The IA Sterling Strategic Bond Sector (the Sector) is a representative group of funds with flexibility to invest across the fixed income universe. Investment Policy Portfolio Securities - The fund will invest at least 80% in bonds(which are like loans to companies or governments that pay interest) issued anywhere in the world including in emerging markets. -The fund may invest in both investment grade bonds (typically regarded as having a low default risk) and high yield bonds (that pay a high rate of interest but have a lower credit rating than investment grade bonds). - At least 80% of the fund's investments will be in sterling or will be subjected to techniques to reduce (hedge) risk related to currency movements on non-sterling investments. - The fund may also invest in other funds (including those managed by abrdn), cash and assets that can be turned into cash quickly. Management Process - The management team use their discretion (active management) to identify investments based on analysis of global economics along with analysis of an investment's prospects and creditworthiness (debt repayment ability) compared to that of the market. - Due to the active nature of the management process, the fund's performance profile may deviate significantly from that of the Sector average over the long term. Please Note: The fund's ability to buy and sell bonds and the associated costs can be affected during periods of market stress which could include periods where interest rates move sharply. Derivatives and Techniques - The fund will routinely use derivatives to reduce risk, reduce cost and/ or generate additional income or growth consistent with the risk profile of the fund. - Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. They can generate returns when the value of these underlying assets rise (long positions) or fall (short positions). -Derivatives include instruments used to manage expected changes in interest rates, inflation, currencies or creditworthiness of corporations or governments. Investors in the fund may buy and sell shares on any dealing day (as defined in the Prospectus). If you invest in income shares, income from investments in the fund will be paid out to you. If you invest in accumulation shares, income will be added to the value of your shares. Recommendation: the fund may not be appropriate for investors who plan to withdraw their money within five years. Investors should satisfy themselves that their attitude to risk aligns with the risk profile of this fund before investing.